BioMar and Earthworm Foundation Launch Responsibly Sourced Shrimp Project
4-minute read
PRESS RELEASE
27 April 2022
Earthworm Foundation is partnering with BioMar to drive responsibly sourced shrimp projects in Ecuador. The full value chain collaboration will not only include deforestation-free aquafeeds but capacity building initiatives to drive social change and sustainability best practices in the Ecuadorian region.
Today, at the Global Seafood Expo in Barcelona, Florie Hovine, Member Manager at Earthworm Foundation announced that they have partnered with BioMar to launch a shrimp sustainability initiative that will drive good farming and social practices.
“Shrimp farming has a unique impact on the environment and there is an opportunity to work with Ecuadorian shrimp producers to support them by sharing improved environmental and social practices,” said Florie Hovine.
For the last year, BioMar and Earthworm Foundation have been assessing the Ecuadorian shrimp industry to build a framework for addressing the major issues in the industry.
The project has taken a holistic approach, analysing everything from sourcing raw materials to the production and processing of shrimp. This includes raising awareness and training staff in global best practices that go beyond standard certification schemes.
Local communities are often not directly involved in the operations of shrimp farms, as workers require specific skills not usually found locally.
The BioMar-Earthworm Foundation project will support educational programs aimed at upskilling local people to enable them to become qualified for shrimp farming employment. This way, local communities benefit from the expected expansion of the Ecuadorian shrimp segment.
Shrimp is primarily considered a commodity and is often farmed and processed in bulk. Through the Earthworm Foundation project, there is an opportunity to move the market beyond commodity thinking to create fully traceable, value-added products that consider both social and environmental sustainability parameters.
“Today’s consumers are becoming more and more conscious about their seafood choices. They want to know where their seafood comes from and the impact it has had on the environment and local communities. Through this BioMar-Earthworm Foundation project, our two organisations can cater to the consumers’ needs,” concluded Henrik Aarestrup.
“The expansion of any market requires us to consider the impact on people and the environment. By partnering with a highly respected and knowledgeable organisation that specialises in social and environmental initiatives like Earthworm Foundation, we are ensuring that the growth of Ecuadorian shrimp production is done in the right way,” stated Henrik Aarestrup, VP LATAM, Shrimp & Hatchery, BioMar Group.
About BioMar:
BioMar are innovators in high-performance aquaculture feed dedicated to doing our part in creating a healthy and sustainable global aquaculture industry. BioMar operates 17 feed factories across the globe in Norway, Chile, Denmark, Scotland, Spain, France, Greece, Turkey, China, Vietnam, Costa Rica, Ecuador, and Australia. Worldwide, we supply feed to around 90 countries and for more than 45 different species. BioMar is wholly owned by the Danish industrial group Schouw & Co, which is listed on the NASDAQ, Copenhagen.
Learn more about BioMar at www.biomar.com
